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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Eddy Blinker who wrote (83509)	11/6/2002 9:23:56 PM
From: Tom Pulley	Read Replies (2) \| Respond to of 99985

PS. Perhaps I can interest you in a particular correlation. Emulation of buzzing and chirping mating sounds of the poisonous dart frog- a splendid looking inhabitant of the rain forest- mixed with todays Media Babble has produced extraordinaire -a world financial clock works - which can govern where the criminal insane fail to steer. True, but IMHO if you can find a non-poisonous dart frog you get a much better correlation.....particular if you also take into account the derivative of the volume of the buzzing and chirping mating sounds. But that's just my opinion based on a limited sample size so invest at your own risk. That reminds me of an article I read years ago (that I wish I could now find) that said based on a statistical analysis with actual market volatility the number of big investors and mutual fund managers; then assuming a normal distribution of returns....... statistically there should be a few people who have the success of Peter Lynch and Warren Buffet even assuming that stock returns are totally random. The message was that even if you are successful at stock picking it is probably blind luck as some people will be lucky and end up on the positive side of the normal distribution curve. However, I refuse to believe that is true as it would take all the fun out of investing. Tom